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15 July 2018 | 1 reply
My advantages that I know of are my ability to get a mortgage (W-2 income, credit, and debt ratio are all good), having enough cash and house equity to get a 25% down non-occupied loan on a SFH or duplex (in my market), willingness to sell and move to house hack a 3-4 unit, understanding the fundamentals and math of small residential REI, love of learning "systems", and being a complete badass at life in general ;)My disadvantages that I know of are that I don't have experience yet in buying/managing rentals, and I haven't met enough other investors to learn about a lot of deals early in the pipeline.What would you do in my situation?
17 July 2018 | 12 replies
Also completely web-based, I find it to be a much easier platform for someone with little/no bookkeeping or accounting knowledge.
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17 July 2018 | 38 replies
Have you ever heard the saying "oh what a tangled web we weave, when first we practice to deceive"?
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21 October 2020 | 145 replies
They don't want money, they want time with a mentor and want to meet business minded people with goals that fundamentally align.
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3 October 2018 | 13 replies
@Gloria Sheridan,You are correct, ETC has lots of negative feedback not only here on BP but also on the web if you just google the name.
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17 July 2018 | 1 reply
I have a rehab analysis spreadsheet uploaded in my file place which includes a Repair Estimator & Rehab Calculator to help you estimate repair costs and analyze the Max Purchase Price you should offer for a rehab.https://www.biggerpockets.com/files/user/drobertso...There are other good spreadsheets in the fileplace, or BP has their own web-based calculators.
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25 July 2018 | 9 replies
That property has such great fundamentals already easily breaking even before you do the value add.
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23 July 2018 | 8 replies
You will never factor out all risk and the web will only prepare you so much.
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31 July 2018 | 0 replies
Web sites that you use to gather information and understand trends etc.
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3 December 2018 | 30 replies
Do the smart thing and find a new job, don't invest the money until you have a better understanding of the fundamentals.